Priceline Group Inc (NASDAQ:PCLN) has soared in re
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Posted On: 01/30/2017 9:33:05 AM
Priceline Group Inc (NASDAQ
CLN) has soared in recent weeks as optimism over the U.S. economy has soared. However, this is a huge mistake and smart investors can score big by shorting the stock above $1,600 (where it is now). Investors are missing the impact from Donald Trump's presidency on international travel. With the recent Muslim ban, Mexico border wall and other executive orders, bookings for travel from around the world to the United States will collapse. Internationally, travels from Japan to to Europe are scared and angry at Donald Trump's action. They will not be looking to travel and airline stocks along with booking websites like Priceline Group Inc will suffer greatly. Be ready for this to hit the market in the coming weeks. Get in early on the short side.
Pro traders are shorting Priceline Group Inc on Donald Trump
CLN) has soared in recent weeks as optimism over the U.S. economy has soared. However, this is a huge mistake and smart investors can score big by shorting the stock above $1,600 (where it is now). Investors are missing the impact from Donald Trump's presidency on international travel. With the recent Muslim ban, Mexico border wall and other executive orders, bookings for travel from around the world to the United States will collapse. Internationally, travels from Japan to to Europe are scared and angry at Donald Trump's action. They will not be looking to travel and airline stocks along with booking websites like Priceline Group Inc will suffer greatly. Be ready for this to hit the market in the coming weeks. Get in early on the short side. Pro traders are shorting Priceline Group Inc on Donald Trump
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